Articles On Grange Resources (ASX:GRR)

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Here are the top ASX large cap movers for Wednesday

Hopes that the new Omicron strain will have a less-pronounced impact on travel and consumer confidence have bolstered stocks this week. Scientists and vaccine makers are still assessing the severity of Omicron and how well existing vaccines...

Stockhead GRR 15 hours ago
Ground Breakers: The iron ore price runs like the wind to usher in green morning

Iron ore miners have their tails up this morning as prices soared by around 8% overnight on word of economic easing in China. What happens in China is critical to the price of Australia’s headline commodity, given it consumes around 80% of...

Stockhead GRR 19 hours ago
Bulk Buys: Iron ore imports for November soar in China to bring festive cheer for miners

The topsy turvy data coming out of China’s steel sector continues to roll on after the world’s biggest steelmaker revealed iron ore imports hit a 13-month high in November despite sliding steel production. China’s appetite for iron ore roar...

Stockhead GRR 1 day ago
Monsters of Rock: Sandfire a true monster as copper, serendipity propels miner into ASX 200

This was supposed to be a difficult period for Sandfire Resources (ASX:SFR), which has long dealt with uncertainty around the mortality of its DeGrussa copper-gold mine. Since the start of mining at DeGrussa early in the last decade, Sandfi...

Stockhead GRR 1 week ago
Closing Bell: One biotech more than doubles, another drops 30pc on debut

The ASX closed just 0.11% higher today but there were no shortage of small cap winners, led by Antiviral biotechnology stock Biotron (ASX:BIT). It announced that its lead drug candidate — BIT225 — had been shown to be effective against COVI...

Stockhead GRR 1 week ago
Bulk Buys: Gina gets into magnetite with iron ore deal

Hancock Prospecting is making a big move into magnetite iron ore, this week inking an initial $9 million deal to farm into the Mt Bevan iron ore project owned by juniors Legacy Iron Ore (ASX:LCY) and Hawthorn Resources (ASX:HAW). It’s an in...

Stockhead GRR 3 weeks ago
Bulk Buys: FMG fields green queries and banks review iron ore prices

Westpac is the latest major financial institution to knock down its iron ore forecasts after prices dived below US$100/t again on a slowdown in steel production in China it describes as the largest since 2008. It revised its price forecasts...

Stockhead GRR 4 weeks ago
Bulk Buys: MinRes cops big discount for iron ore, coal’s miracle run brings Bluff mine back from the dead

If there was any doubt about the importance of grade in iron ore, check out the latest numbers from Mineral Resources (ASX:MIN). Chris Ellison’s miner suffered a 48% discount to average Platts 62% iron ore prices in the September Quarter. T...

Stockhead GRR 1 month ago
Monsters of Rock: Investors pile into MinRes on Wodgina restart news

Mineral Resources (ASX:MIN) was the standout among the major miners on the news the $8 billion company and US chemicals giant Albemarle plan to restart the Wodgina lithium mine in the Pilbara. The operation was mothballed just one week afte...

Stockhead GRR 1 month ago
Grange Resources’ (ASX:GRR) quarterly sales dip as iron ore price tumbles

Grange Resources (GRR) reveals a decrease in quarterly sales revenue on the back of sinking iron ore prices The company says it increased iron ore production over the September quarter compared to the quarter before, but both sales volumes...

themarketherald.com.au GRR 1 month ago
Bulk Buys: Profit over prophecy as iron ore miner doubts price Doomsdayers

Set against rumours of its demise, spot iron ore has remained stubbornly defiant, reminding investors again why forecasting is a fool’s errand by bouncing above US$135/t on Monday night. A broad consensus is forming around metals like coppe...

Stockhead GRR 1 month ago
Bulk Buys: What is normal when it comes to coal?

Is there any end to coal’s incredible price run in 2021? This week has seen thermal coal prices rise to record levels, with low volatility 6000kcal product from Newcastle soaring 5% to US$240/t yesterday. Twelve months ago, when China’s dip...

Stockhead GRR 2 months ago
Have iron ore miners been oversold or should investors ‘steel’ for more ferrous pain?

The pundits were right, for once: the laws of market gravity were always going to catch up with the price of iron ore, which in a matter of weeks has tumbled more than 50% from its nosebleed territory of US$220 a tonne. Still, no-one quite...

SmallCaps GRR 2 months ago
Iron ore dips to 14-month lows; five penny stocks under spotlight

Highlights Iron ore prices have plunged in the wake of China’s renewed crackdown on heavily polluting industries. The prices of iron ore have slumped 33.65% in the last one month. Various ASX-listed iron ore players are struggling to...

Kalkine Media GRR 2 months ago
Bulk Buys: As prices for coking coal soar, will China have to let Australian producers back into the club?

Coking coal prices have gone a wee bit crazy in recent weeks, presenting a once in a generation opportunity for ASX-listed companies who looked sickly as the 2021 financial year wrapped up. According to Fastmarkets MB, supply remains tight...

Stockhead GRR 2 months ago
Five ASX stocks on radar amid a rise in global steel prices

Highlights The prices of steel futures shot up to record levels in mid-August on the back of global supply concerns. China’s steel industry has been showing signs of acceleration, with seven significant mergers and acquisitions declare...

Kalkine Media GRR 2 months ago
Bulk Buys: UBS thinks Rio will miss guidance yet again in 2021

Is Rio Tinto (ASX:RIO) going to disappoint on shipments yet again? The gaffe-prone Pilbara miner, which was carried by stratospheric iron ore prices to a US$9.1 billion dividend at the half year, appears likely to miss its ambitious guidanc...

Stockhead GRR 3 months ago
Bulk Buys: Would you bet against Andrew Forrest and FMG on iron ore?

Andrew Forrest said he wouldn’t bet against the price of iron ore this week as he addressed media and analysts in a lap of honour for Fortescue Metals Group’s (ASX:FMG) transformative 2021. That was driven by record high iron ore prices thr...

Stockhead GRR 3 months ago
Here are the top ASX large cap movers for Monday

The ASX 200 made a positive start to the week, rising by 0.22%. The mining sector was the clear winner today, rising by 3% while other sectors seesawed between gains and losses. Consumer Discretionary was the biggest drag on the broad index...

Stockhead GRR 3 months ago
Bulk Buys: Coking coal goes crazy in China while iron ore futures bounce

How’s that Aussie coal ban going for China? Prices of imported premium coking coal in the Middle Kingdom soared to record highs of US$384 per tonne while China looks around every nook and cranny to source the product it once got from our ea...

Stockhead GRR 3 months ago
Iron ore posts biggest single day fall… EVER. Where is it heading next?

It powers Australia’s economic engine room, but iron ore is sputtering after the spot price recorded its biggest single day drop on Friday since index pricing began. Fastmarkets saw iron ore prices for benchmark 62% fines to northern China...

Stockhead GRR 3 months ago
Iron ore dips to eight-month lows, ASX stocks under the spotlight

Highlights  Iron ore prices slumped to eight-month lows on the rising concerns of coronavirus spread and expectations of slower economic growth. Iron ore prices had skyrocketed to record highs in May due to strong demand from the Chine...

Kalkine Media GRR 3 months ago
Bulk Buys: BHP places chips on iron ore, met coal as it waves goodbye to petroleum in Woodside deal

BHP (ASX:BHP) has taken advantage of 2021’s astonishing boom in iron ore prices to shower shareholders with a record dividend and kickstart the transformation of the world’s biggest mining house. Its final payout of US$2 per share came off...

Stockhead GRR 3 months ago
The iron ore price is in freefall. What happens next?

Iron ore prices slid to their lowest levels since April overnight, as speculation about Chinese steel production cuts delivered a hit to the Pilbara’s big iron ore miners. Prices fell 7.7% to US$169.30/t according to CommBank, while Fastmar...

Stockhead GRR 4 months ago
ASX 200 opens lower; local miners lead losses

Summary The ASX 200 opened mildly lower, 0.11 % or 8.3 points down to 7502.8, on Friday. In the opening hour, the market breadth is slightly on a bearish side, with seven out of the 11 sectors falling so far. Briscoe Group has seen an...

Kalkine Media GRR 4 months ago
Who made the gains? Here are July’s top 50 small cap miners and explorers

What happened to the most talked about commodities in July? Gold bounced back from recent lows to record a solid 2.54% gain (that’s +4.12% in Aussie dollar terms). The base metals suite – aluminium, copper, lead, nickel, tin and zinc – all...

Stockhead GRR 4 months ago
Bulk Buys: Haircut for iron ore on steel production cuts, MinRes deal sends Red Hill Iron to the moon

Iron ore prices fell to their lowest level in two and a half months on the back of noise about steel production cuts in China on Friday, only to moderate on Monday. A 7% flop in iron ore prices to a little over US$180/t to end last week wou...

Stockhead GRR 4 months ago
ASX 200 trades lower on weak Wall Street cues

Summary As of 10:30 AM AEST, the ASX 200 dropped 18.4 points or 0.25% to 7,473. On Tuesday, the A-VIX has gained 0.07 points or 0.55% (as of 10:30 AM AEST) and is trading at 11.88. PointsBet Holdings has sold a decent equity worth AU$...

Kalkine Media GRR 4 months ago
Here are the Top 25 ASX large cap movers for Friday

The big end of town cooled off a bit to end the week, as mining stocks eased back while the broader ASX200 drifted lower into the close. It followed two days of strong gains for the ASX200 Materials index, which gained an impressive 7.3% fo...

Stockhead GRR 4 months ago
5 ASX stocks going strong in July 2021

Summary Returns for the ASX200 in July have been somewhat muted, with the benchmark index generating a return of 0.91%, significantly lower than the 12.03% YTD returns. However, July has been a strong month for several ASX players that...

Kalkine Media GRR 4 months ago
Bulk Buys: Global steel shows its strength as Australia’s BlueScope breaks earnings record

Are Chinese steel margins on the way back up? Sliding and eventually negative steel margins in June led many analysts to the conclusion that high prices for iron ore would slide rapidly in the second half of the year as steel producers look...

Stockhead GRR 4 months ago
Hot Money Monday: Tasmanian whisky group Lark Distilling heated up in July

Whisky manufacturer Lark Distilling Co (ASX:LRK) kept things warm during winter, leading a group of 25 stocks that posted a 14-day RSI above 70 last week. Each week, Stockhead recaps ASX stocks that are “running hot” as deduced by the Relat...

Stockhead GRR 4 months ago
Here are the Top 25 ASX large cap movers for Wednesday

After a rough couple of days, local stocks got back in the saddle on Wednesday as most large cap sectors finished in positive territory. There was no clear standout on the day, with resources and materials both finishing more than 1% higher...

Stockhead GRR 4 months ago
Bulk Buys: Grange Resources punching above its weight with absurd iron ore price premium as Vale and BHP report

Tasmanian iron ore producer Grange Resources (ASX:GRR) has become well known for the quality of its iron ore and, while small in volume, makes up for it in tactical nous by supplying pellets that grade around 65%. The Caleb Daniel of the ir...

Stockhead GRR 4 months ago
Here are the Top 25 ASX large cap movers for Tuesday

Most ASX large cap sectors finished in the red today, in a topsy-turvy session which saw the ASX200 fall sharply at the open then claw back ground, before losing steam into the close of trade. Yesterday’s rotation out of large cap mining &a...

Stockhead GRR 4 months ago
Monsters of Rock: Who’s floating above the mire today?

ASX-listed miners are in a collective rut and even a record year of iron ore exports from BHP (ASX:BHP) could not get it in the green today. BHP lost upwards of 2% on the Aussie bourse, as did Rio Tinto (ASX:RIO), Lynas (ASX:LYC), Champion...

Stockhead GRR 4 months ago
Why the Grange Resources (ASX:GRR) share price is up 7% today

The Grange Resources Limited (ASX: GRR) share price is gaining today after the company released its latest quarterly report. Within the report, Grange Resources said the average price it received for its iron ore products increased by 25.5...

Motley Fool GRR 4 months ago
Here are the Top 25 ASX large cap movers for Monday

There were few winners at the big end of town, as local stocks sold off sharply following a weak lead from Wall Street. The ASX200 Energy index fell by more than two per cent, accompanying a selloff in oil prices after OPEC member states ag...

Stockhead GRR 4 months ago
Here are the Top 25 ASX large cap movers for Friday

On Friday, the ASX 200 finished 0.17% higher, after regaining lunchtime losses. Energy and Utilities were the main drag on the benchmark index, which closed the week 1% higher. Buy-now-pay-later (BNPL) stock Afterpay (ASX:APT) continued its...

Stockhead GRR 4 months ago
Here are the Top 25 ASX large cap movers for Thursday

The ASX 200 edged 0.26% lower after trading flat at lunch time, despite stronger than expected employment numbers. All sectors were in the red, except for Utilities and Materials. Australia’s unemployment rate fell to 4.9%, with 29,100 jobs...

Stockhead GRR 4 months ago
Here are the top performing ASX stocks and sectors to look at in 2021

Summary Many sectors have outperformed during previous Covid-19 waves Metal and mining, oil and gas, and software and services are few sectors that have experienced increasing investors’ attention ASX stocks such as GRR, IEL, CXL are...

Kalkine Media GRR 4 months ago
Why the Grange Resources (ASX:GRR) share price is up 27% in a week

The Grange Resources Ltd (ASX: GRR) share price has waltzed through today’s session in the green. Grange Resources’ shares closed at 78.5 cents, up 4.67% on the day. Including today’s gains, the company’s share price is up 30% over the pr...

Motley Fool GRR 4 months ago
Bulk Buys: Rio Tinto port issues dampen historic iron ore market

In spite of China’s complaints about commodity prices, iron ore was relatively steady in June after a volatile May, with benchmark 62% fines opening the first full week of the new financial year above US$220/t. Those price levels, up from a...

Stockhead GRR 5 months ago
Bulk Buys: Australian iron ore proves Ol’ Reliable as Brazil, China face supply disruptions

The sun is shining again on Australian iron ore, at least for now, with prices again threatening to touch historic levels just one month after reaching record highs. Benchmark 62% fines opened the week in China at US$222.30 a tonne, just US...

Stockhead GRR 5 months ago
Bulk Buys: Iron ore price bounces back to end wild May on a high

• Benchmark 62% Fe iron ore price closes a wild month after 5.6% rally to $US198.75 • Iron ore futures trend higher at the end of a week dominated by talk about Chinese intervention • Coking coal finds price support as Aussie export prices...

Stockhead GRR 6 months ago
Iron Bridge will now cost US$3.5b but FMG wants to make it happen

Have a spare $US3.5 billion lying around? Andrew Forrest’s Fortescue Metals Group (ASX: FMG) appears to be pushing ahead with the 22Mtpa Iron Bridge magnetite mine, despite on Friday reporting a US$900 million cost blowout on the initially...

Stockhead GRR 6 months ago
Bulk Buys: China tells iron ore players to stop with the high prices, or else

Early last week, Chinese premier Li Keqiang said China needed to take more steps to curb “unreasonable” price increases for bulk commodities, right after we wrote this: Lol. Hubris.…which aged badly. Iron ore prices have fallen below $US200...

Stockhead GRR 6 months ago
Brazil Poised to Give Oz Ore Market a Close Shave

ShareCafeBrazil Poised to Give Oz Ore Market a Close Shave Australia will lose share over the next five years in the global iron ore market to Brazil because of the latter’s high grade iron ore reserves and exports, according to a new repor...

ShareCafe GRR 6 months ago
Bulk Buys: Stuck with high iron ore prices, China is losing its trade war with Australia

Is this what winning a trade war looks like? Chinese sanctions on our wine, coal and lobster pale in comparison to the mammoth prices being paid for Australian iron ore. In fact, the Aussie government could rake in an extra US$34 billion ($...

Stockhead GRR 6 months ago
Iron Ore: The lie of the land

ShareCafeIron Ore: The lie of the land ShareCafe readers will know by now that the boom in iron ore prices is down to the continuing solid demand from Chinese mills. The factors advanced by analysts and others have been many – rising steel...

ShareCafe GRR 6 months ago